June 7, 2010 Re: Transparency without delay for action to hold Wall Street Accountable Dear Member of Congress: We applaud your efforts to enact strong financial reform legislation and look forward to working with you to pass this important bill through conference before the July 4th recess. As Congress prepares to go to conference on
This op-ed was placed in the Tennessee Opinion by Krissa Barclay, former chairman of the Davidson County Democratic Party, and Lauren Saunders, managing attorney at the National Consumer Law Center. This piece makes note of the differences in safety and transparency between commercial products and financial products. The authors then go on to advocate for
Tele-press conference Monday, June 7, 2010 at 9 a.m. EDT Nobel Prize winner warns against putting the government at risk for Big Banks’ deceptive practices Elimination of the language in the Senate financial reform bill that would require big banks to separate their derivatives desks from their regular commercial banking – and protecting American taxpayers
The Center for Responsive Politics and Public Citizen recently released a report showing the number of former federal employees now lobbying Congress and federal agencies. They say: Organizations in the financial services sector have deployed at least 1,447 former federal employees to lobby Congress and federal agencies since the beginning of 2009, according to a joint
June 2, 2010 Senator United States Senate Washington, DC 20510 Dear Senator: As a conferee on the financial reform bill, you will certainly be hearing from the auto dealers about their interest in being exempted from the new Consumer Financial Protection Agency. We maintain that only auto dealers who act as brokers or creditors in
U.S. PIRG has graded Senators on their votes on financial reform. Click here to find out how yours stack up! From their press release: “Looking at how a Senator votes on one final passage vote isn’t enough,” said Ed Mierzwinski, Consumer Program Director for U.S. PIRG. “The Senate spent weeks taking critical votes on whether